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Abbott Laboratories Loss to Johnson & Johnson Upheld in $1.7 Billion Patent Suit

Abbott Laboratories (ABT) Loss to Johnson & Johnson (JNJ) Upheld in $1.7 Billion Patent Suit 11/6/2009 Bloomberg -- Abbott Laboratories failed to persuade a federal judge to throw out a record $1.67 billion verdict won... Full Article at Biospace

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  1. Boston Scientific
  2. Abbott Laboratories
  3. John Ward

Related Articles

  1. Bloomberg.com logo
    Abbott's $1.67 Billion Loss to J&J in Patent Suit Upheld by Judge in Texas
    1 month ago

    Nov. 5 (Bloomberg) -- Abbott Laboratories failed to persuade a federal judge to throw out a record $1.67 billion verdict won by Johnson & Johnson’s Centocor unit in a suit over an arthritis drug patent. Full Article at Bloomberg.com

  2. Boston Globe logo
    Boston Scientific, J&J reach stent accord
    2 months ago

    WASHINGTON - Boston Scientific Corp. , one of Massachusetts’ largest life-sciences companies, has agreed to pay $716.3 million to Johnson & Johnson’s Cordis unit to end some of the patent litigation over heart devices that has bedeviled the companies... Full Article at Boston Globe

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  1. A view of the logo of Belgian drugs, chemicals and plastics maker Solvay in Brussels, September 28, 2009. Solvay said on Monday it would sell its drugs unit to U.S. partner Abbott Laboratories for 4.5 billion euros ($6.6 billion) in cash and reinvest in chemicals and plastics.
  2. NEW BRUNSWICK, NJ - NOVEMBER 03: Johnson & Johnson corporate headquarters are seen November 3, 2009 in New Brunswick, New Jersey. The world's biggest health-products company announced it will cut up to 8,000 jobs in the struggling economy.
  3. WASHINGTON - NOVEMBER 02: Queen Noor of Jordan speaks during a reception to honor Johnson & Johnson for it's work with SOS at the Austrian Embassy on November 2, 2009 in Washington DC.
  4. FILE - In this July 14, 2009 file photo, a box of Johnson & Johnson BAND-AID bandages is shown in Boston.

Cast of Characters

  1. Boston Scientific Boston Scientific
  2. Abbott Laboratories Abbott Laboratories
  3. John Ward John Ward
  4. Food and Drug Administration Food and Drug Administration